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Contract Absorption Jobs (NOW HIRING)

Cost Accountant

Groton, CT · On-site

$38 - $44/hr

... Contract position based in Groton, Connecticut. This role focuses on cost control, inventory ... absorption impacts, and provide clear explanations for significant fluctuations. • Prepare and ...

... contracts; solid ASC 606 application to multi-deliverable structures; manufacturing cost accounting including standard costing, BOM, variance analysis, and overhead absorption. * Experience with a ...

... contracts; solid ASC 606 application to multi-deliverable structures; manufacturing cost accounting including standard costing, BOM, variance analysis, and overhead absorption. * Experience with a ...

Maintain inventory reports, critical dates, contract summaries and periodic market analysis. Monitor market activity for pricing, value, and absorption. Assist with property rezoning and community ...

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Contract Absorption information

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$41K

$106K

$139K

How much do contract absorption jobs pay per year?

As of Jul 15, 2026, the average yearly pay for contract absorption in the United States is $106,034.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,000.00 and $119,000.00 per year, depending on experience, location, and employer.

What is the 3 month rule for jobs?

The 3 month rule in contract absorption refers to a common practice where temporary or contract employees are evaluated after three months to determine if they will be converted to permanent staff or if their contract will be extended. This period allows employers to assess performance, skills, and fit within the organization before making long-term employment decisions.

What jobs pay 4000 a week without a degree?

Contract absorption roles typically do not pay $4,000 a week without specialized skills or experience. High-paying jobs that can reach this level without a degree often include skilled trades such as commercial diving, certain sales positions, or freelance consulting, which require specific expertise, certifications, or a strong track record. Most roles offering this income level rely on experience, skill, or contractual arrangements rather than formal education alone.

What is the difference between Contract Absorption vs Contract Analyst?

AspectContract AbsorptionContract Analyst
Required CredentialsTypically requires a bachelor's degree in business, finance, or related fieldRequires a bachelor's degree, often with certifications in finance or analysis
Work EnvironmentOften within procurement, HR, or finance departments, focusing on contract managementPrimarily in finance, procurement, or project management teams, analyzing contract data
Employer & Industry UsageCommon in corporate, government, and consulting firms handling contract absorption processesUsed across industries for evaluating and managing contractual obligations

Contract Absorption involves integrating or transferring contractual obligations, while Contract Analysts focus on analyzing contract data and terms. Both roles require similar educational backgrounds but differ in daily responsibilities and focus areas within organizations.

What jobs pay $700 a day?

Contract absorption roles or specialized consulting jobs in fields like IT, engineering, or project management can pay around $700 per day, especially for experienced professionals with relevant certifications. These positions often require advanced skills, industry knowledge, and the ability to work on short-term or high-demand projects.

What contract job pays the most?

Contract jobs in specialized fields such as IT, engineering, and healthcare tend to pay the highest, with roles like software developers, IT project managers, and specialized nurses often earning top rates. High-paying contract positions typically require relevant certifications, technical skills, and experience, and may offer hourly rates significantly above standard employment roles.
More about Contract Absorption jobs
What cities are hiring for Contract Absorption jobs? Cities with the most Contract Absorption job openings:
What are the most commonly searched types of Absorption jobs? The most popular types of Absorption jobs are:
What states have the most Contract Absorption jobs? States with the most job openings for Contract Absorption jobs include:
Infographic showing various Contract Absorption job openings in the United States as of July 2026, with employment types broken down into 33% Locum Tenens, 53% Full Time, 10% Part Time, and 4% Summer. Highlights an 84% Physical, 1% Hybrid, and 15% Remote job distribution, with an average salary of $106,034 per year, or $51 per hour.

Other

Medical, Retirement, PTO

Posted 3 days ago

New


Job description

About ITT:

ITT Inc. (NYSE: ITT) is a diversified global leading manufacturer of highly engineered critical components and customized technology solutions serving the flow, aerospace and defense, transportation, industrial, and energy markets. Through operational execution, innovation, and disciplined capital deployment, including strategic acquisitions such as SPX FLOW, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. 

Headquartered in Stamford, Connecticut, ITT has a market cap of roughly $20 billion and employs more than 15,000 people across 40 countries and serves customers in approximately 125 countries. Following the acquisition of SPX FLOW, the company is expected to generate $5.4 billion in annual revenue.

Our businesses are organized in three distinct segments, each based around our core engineering DNA: 

Flow Technologies: A global leader in, providing a broad portfolio of pumps, valves, mixing and agitation equipment, heat transfer, homogenizers, separation, water and wastewater treatment, and engineered process solutions. Our leading brands include the iconic Goulds Pumps (with more than 175 years of history), Anhydro, APV, Bornemann, Bran+Luebbe, C'treat, Engineered Valves, Gerstenberg Schroder, Habonim, Johnson Pump, Lightnin, Philadelphia, Plenty, PRO Cast, Rheinhutte, Seital Separation, Stelzer, Svanehj, Tigerholm, Uutechnic, VIDAR, Waukesha Cherry-Burrell.

Motion Technologies: A global leader in brake pads (ICE and electrified brake pads) and shock absorbers (energy absorption solutions) for transportation applications. Our leading brands include Friction Technologies, KONI and Axtone.

Connect and Control Technologies: A leader in critical applications for the aerospace, defense and industrial markets, including harsh environment connectors and control components. Our leading brands include ITT Cannon, Enidine, Aerospace Controls and kSARIA. 

Position Summary

Summary: ITT Goulds Pumps is looking for a Contract Administrator to join their team in Seneca Falls, NY. The ideal candidate will have previous customer service and/or contract administration experience. The Contract Administrator will enter, administer, and manage contracts with technical specifications in order to meet customer requirements.  This includes reviewing customer pump specifications, project plan management, order reconciliation, and change order and document management. The Contract Administrator will provide support to the sales, customer service, and finance team in addition to providing support to vendors and customers as well as internal customers supporting the business.

Essential Responsibilities

Reconcile, configure and enter orders as follows:

  • Address and resolve with sales, distributor, and/or customer unacceptable clauses the customer purchase order or terms and conditions for purchase.
  • Review order header file and/or purchase order for pricing and correct multiplier levels.
  • Review customer technical specifications with team to ensure all customer hardware and software requirements are scheduled accordingly.
  • Reconcile & enter all software, hardware, QA & tagging requirements into areas such as ERP system, order tracking, document tracking with the use of the configurator, ERP system, order entry and processing system.
  • Responsible for drafting purchase requisitions for major buy out items such as motors, tanks, valves, etc.   All buy out specific specification details are to be identified and passed on to buyer and/or sub-vendors.

Administer orders/projects as follows:

  • Identify all comments and changes required to drawings as noted by customer. Initiate changes through FOCN process and document tracking.  It is the responsibility of the CA to note changes and their effect on schedules, hardware, etc within the FOCN.
  • Thoroughly review and sign acknowledgement copy of the customer PO if required.
  • Receive, coordinate and impose resolution of all software and hardware related questions generated by customers and interdepartmental personnel.

Assist other departments as follows:

  • Finance department to resolve collection issues and clarify terms of purchase.
  • Customer service reps in expediting shipment of outside purchases and informing inspectors & expeditors regarding job status.
  • Meet as required with commercial engineering to clarify applicable hardware and software requirements.
  • Shipping floor and or assembly floor to resolve manufacturing and shipping problems.
  • Perform miscellaneous functions as required.
Position Requirements
  • 2-4 yrs college degree with 1+ years of experience is preferred; High School Diploma with equivalnt experience is required.
  • Strong written and verbal communication skills are required,
  • ERP and MS Office experience are required
  • Detail oriented and organized with a concern for quality
  • Must have excellent customer service skills and be a team player
  • Basic product knowledge is prefered
  • General understanding of T/C's, sales terms, freight terms, and payment terms
  • Ability to work in a fast-paced environment.

Safety is a core value at ITT. Our employees understand and follow all ITT safety policies and procedures, participate in workplace inspections, safety training, and in the development of job safety analyses.

#LI-RL1

Equal Pay Act StatementWe aim to pay our 'ITT'ers' fairly and competitively in the locations that they live and work. Pay-for-performance is a principle that we believe in, and employees are rewarded based not only on 'what' they accomplish, but also on 'how' they reflect ITT's values. ITT offers a competitive salary and robust total rewards package, such as health insurance, 401(k), short and long-term disability, paid time off, growth and developmental opportunities, and other incentive compensation programs. Specific benefits are dependent upon whether or not the position is part of a collective-bargaining agreement. The salary offered to a candidate is based several factors such as candidate experience and qualifications, location, as well as market and business considerations.Equal Pay Act RangeAnnual Salary Range is $55,200 to $82,200 plus benefits and incentive plans.Employment Type: OTHER